Voice of America
24 Feb 2025, 22:03 GMT+10
U.S. tech giant Apple has announced plans to create some 20,000 jobs and invest $500 billion over the next four years in the United States.
Apple says it will expand teams and facilities in nine states across the country and that it aims to open a 23,200-square-meter server manufacturing facility in Texas in 2026.
The announcement comes just days after Apple CEO Tim Cook met with U.S. President Donald Trump.
“We are bullish on the future of American innovation, and we’re proud to build on our long-standing U.S. investments with this $500 billion commitment to our country’s future,” Cook said on the investment.
“From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we’re thrilled to expand our support for American manufacturing. And we’ll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation,” he added in a company statement.
Trump thanked Cook and Apple for the investment on Monday morning on the social media platform Truth Social.
“Apple has just announced a record $500 billion investment in the United States of America. The reason, faith in what we are doing, without which, they wouldn’t be investing 10 cents,” Trump said.
Most of Apple’s consumer goods are currently assembled and produced overseas. Many of them, assembled in China, are liable to 10% tariffs imposed by Trump earlier in February.
To reduce its reliance on international supply chains, Apple announced in January that it had begun mass producing its own chips at an Arizona factory owned by TSMC, Taiwan Semiconductor Manufacturing Company.
The TSMC Arizona factory, along with legislation aimed at increasing U.S. semiconductor production, were two of Trump’s largest industrial policy moves during his first term.
In a release on its website, Apple said the $500 billion commitment includes the company’s work with thousands of suppliers across all 50 states, direct employment, Apple Intelligence infrastructure and data centers, corporate facilities, and Apple TV+ production in 20 states.
Apple said it is also set to open a manufacturing academy in Michigan, offering training led by engineers and local university staff to support mid-sized manufacturing firms in areas like project management and manufacturing processes.
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